This paper presents a new solution to the problems for orthodox decision theory posed by the Pasadena game and its relatives. I argue that a key question raised by consideration of these gambles is whether evaluative compositionality (as I term it) is a requirement of rationality: is the value that an ideally rational agent places on a gamble determined by the values that she places on its poss...

Perfectly rational decision-makers maximize expected utility, but crucially ignore the resource costs incurred when determining optimal actions. Here, we propose a thermodynamically inspired formalization of bounded rational decision-making where information processing is modelled as state changes in thermodynamic systems that can be quantified by differences in free energy. By optimizing a fre...

Ever since its appearance in the organizational research literature, importance of mindfulness has consistently increased. For this reason, study following two objectives: first, to explore positive effect (OM) on rationality decision-making process and second, propose a framework assess extent presence organizations. first objective, exploratory partial least square structure modeling (PLS-SEM...

This exploratory research examines the decision-making processes of experienced IT project managers at the initial start-up stage of their projects and at key decision points during project execution. The focus is on the decision-making related to potential problems (risks) at the start, and materialized problems during the course of the project. Decision processes are viewed from the perspecti...